Company overview
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com
Function Overview:
Nomura operates in a complex regulatory environment and the role of Compliance department is to ensure that the Firm operates in accordance with the applicable laws and regulations of the exchanges and regulators. Compliance department also works with all levels of the Firm to assist in the development and maintenance of a strong compliance culture and to support the embedding of appropriate behaviours within the firm’s operating practices. Compliance department provides cover for each of the main businesses – Global Markets, International Wealth Management (“IWM”) and Investment Banking/Research, in which Financial Crime Compliance team ensures the effective implementation of the Anti-Money Laundering (“AML”) and Counter Financing of Terrorism (“CFT”) Compliance regime in Nomura for its non-Japan Asia Pacific offices.
Responsibilities:
Financial Crime Compliance Officer will be based in Nomura’s Singapore office and reports to the Head of IWM Financial Crime Compliance, AEJ.
Key responsibilities include:
- Analyse challenging or high risk account opening situations and to make appropriate recommendations to Senior Management whether to on board a client or maintain an existing relationship and
- other suitable recommendations as to appropriate controls to be put in place.
- Provision of FCC related advisory to Front Office and relevant stakeholders
- Conduct enhanced due diligence and liaise with external investigative firms on investigation reports.
- Conduct 4 eye checks on client due diligence and 3rd party transactions reviewed by junior FCC team members.
- Perform investigation on any suspicious activities or transactions arising from rolling review of client accounts.
- Perform FCC risk assessment of new business/ products
- Support the Country Money Laundering Officer in filing of suspicious activity reports to authorities
- Coordinate response to client account inquiries from local government agencies and/or regulator.
- Liaise with audit and regulators on any KYC related issues.
- Participate in ad-hoc project/ system enhancements
Requirements:
- University-level Degree preferably in a relevant discipline (Finance, Accounting, Business, Legal)
- At least 8-10 years’ experience related AML / KYC client on boarding experience for high net worth clients and complex financial structures (such as trusts, personal investment vehicles, foundations etc.)
- Good understanding of relevant AML/CFT/laws and regulations.
- Ability to communicate clearly and confidentially; able to influence internal and external stakeholders
- Ability to directly address conflicts and escalate issues where appropriate
- Communicates well and across all levels, including senior management
- Good team player, proactive and able to adapt quickly.
Diversity Statement
Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.
DISCLAIMER: This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.
Nomura is an Equal Opportunity Employer
SFID: 7250
